Permissionless Blockchain Systems as Pseudo-Random Number Generators for Decentralized Consensus

Consensus algorithms that function in permissionless blockchain systems must randomly select new block proposers in a decentralised environment. Our contribution is a new blockchain consensus algorithm called Proof-of-Publicly Verifiable Randomness (PoPVR). It may be used in blockchain design to mak...

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Bibliographic Details
Published in:	IEEE access Vol. 11; pp. 14587 - 14611
Main Authors:	Bezuidenhout, Riaan, Nel, Wynand, Maritz, Jacques M.
Format:	Journal Article
Language:	English
Published:	Piscataway IEEE 2023 The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subjects:	Algorithms Blockchain Blockchains Consensus algorithm Cryptography Data structures decentralised consensus Distributed ledger Generators Non-repudiation Peer-to-peer computing permissionless blockchain systems proof-based consensus algorithms proof-of-publicly verifiable randomness pseudo-random number generation Pseudorandom random number seeds Random numbers verifiable random functions vote-based consensus algorithms
ISSN:	2169-3536, 2169-3536
Online Access:	Get full text
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